Michael Bugbee Email & Phone Number

Phoenix, Arizona

Phoenix, AZ

Product Management / Development

• Determine product strategy, competitive positioning, product features and market focus for Specialty Products.
• Ensure that the company receives an adequate return for the risks assumed.
• Identify all risks that the company takes and ensure that they are monitored and managed appropriately.
• Create and maintain sales forecasting model for Life and LTC sales.
• Liaise with distribution teams on marketing and case design.
• Implement sales programs to enhance competitive position within the marketplace.

• Maintain GGY AXIS liability models to produce quarterly IFRS cash flows.
• Calculate IFRS reserves, Source of Earnings, MCCSR.
• Develop projections for annual IFRS Plan and IFRS DCAT submissions to Corporate Actuarial.
• Perform annual spot checking of IFRS and USGAAP reserves.
• Coordinated Valuation Self-Assessment Questionnaire.
• Developed projections for monthly OSFI submissions.

• Responsible for working with producers and key accounts on case design and illustrations for Corporate-Owned Life Insurance products (COLI) and Bank-Owned Life Insurance products (BOLI).
• Work closely with other members of the COLI/BOLI sales and marketing department to drive sales.
• Manage client relationships.
• Implement marketing efforts.
• Manage internal initiatives critical to market.
• Track source of sales.

• Research and development of innovative estate planning techniques that utilize life insurance products (Term, Universal Life, Variable Universal Life, Private-Placement Variable Universal Life).
• Design and implementation of Premium Financing Life Insurance plans, Corporate-Owned Life Insurance (COLI) plans, Bank-Owned Life Insurance (BOLI) plans, Supplemental Executive Retirement Programs (SERP) and.
• Creation and automation of company specific spreadsheets, illustrations and marketing presentations using Microsoft Excel, Word and PowerPoint.
• Utilization of life insurance company software and products to prepare product performance illustrations for both new business and in-force business.
• Performed actuarial analysis of all existing life insurance policies and plans for a prospective client.
• Completion of Product Study for multiple life insurance products (AIG, Equitable, Guardian, Hartford Life, ING, Jefferson Pilot, John Hancock / Manulife, Lincoln, Mass Mutual, Metropolitan Life, Midland National.

• Worked start to finish on pension and retiree welfare plan valuations.
• Computed benefit calculations.
• Produced government forms and year-end disclosures.
• Redesigned pension and retiree welfare plans.
• Valued supplemental executive retirement plans.
• Designed Open Enrollment for retiree welfare plan.

Bs, Actuarial Mathematics

Activities and Societies: Alpha Phi Omega, Track and Field, Ultimate Frisbee

Bachelor Of Science (B.S.), Actuarial Mathematics